"Management tries to make the best use of the resources available."

"A firm is more than an administrative unit; it is also a collection of productive resources the disposal of which bet…"

"If profits are a condition of successful growth, but profits are sought primarily for the sake of the firm, that is, …"

"There is no need to deny that other 'objectives' are often important—power, prestige, public approval, or the mere lo…"

"Internal inducements to expansion arise largely from the existence of a pool of unused productive services, resources…"

"A firm is essentially a pool of resources the utilization of which is organized in an administrative framework."

"Mrs Penrose was a senior economist in the Merrill/ Johns Hopkins research into the growth of firms and her book was m…"

"In recent years economists and historians have increasingly turned their attention to modern economic institutions. E…"

"Edith Penrose has been one of the most significant economists of the second part of the twentieth century. Her contri…"

"Shatter her beauteous breast ye may; The Spirit of England none can slay! Dash the bomb on the dome of Paul's, — Deem…"